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The world’s 10 richest people lost $172 billion in 3 days as stocks crashed

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 7 mins read
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The world’s 10 richest people lost 2 billion in 3 days as stocks crashed
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Meta Platforms CEO Mark Zuckerberg and Tesla CEO Elon Musk.Andrew Caballero-Reynolds/AFP via Getty Images. Allison Robbert-Pool/Getty Images

The world’s 10 richest people had a combined $172 billion wiped off their fortunes in three days.

Stocks plunged after Trump’s tariff plans sparked fears of retaliation and recession.

Elon Musk is down $35 billion since Wednesday, while Mark Zuckerberg is down about $24 billion.

The world’s 10 richest people had a combined $172 billion wiped off their fortunes during the stock market’s three-day rout, the Bloomberg Billionaires Index shows.

President Donald Trump’s unveiling of sweeping tariffs last Wednesday triggered a frantic sell-off that sent the S&P 500 down 11% over the course of Thursday, Friday, and Monday.

The world’s 10 wealthiest people, collectively worth just over $2 trillion at the start of this year, have had more than $350 billion vaporized in 2025 due to the slide in the value of their equity stakes.

Elon Musk alone has shed $135 billion, bringing the Tesla and SpaceX CEO’s net worth below $300 billion for the first time in five months. The only top 10 member in the green this year is Warren Buffett, the legendary investor who leads Berkshire Hathaway.

Here’s where their fortunes stood at Monday’s market close:

Net worth: $298 billion

3-day change: down $35 billion

Year-to-date change: down $135 billion

Elon Musk.
Tesla and SpaceX CEO Elon MuskGraeme Sloan for The Washington Post via Getty Images

Elon Musk’s net worth has fluctuated wildly in recent months. Excitement about his proximity to the president has been replaced by concern, as anger has grown toward the White House’s DOGE agency, and public backlash against Tesla has hammered the automaker’s stock.

The world’s richest person derives his wealth primarily from his stakes in Tesla and SpaceX. His other businesses include SpaceX, Neuralink, X, The Boring Company, and xAI.

Net worth: $196 billion

3-day change: down $21 billion

Year-to-date change: down $43 billion

Jeff Bezos.
Jeff Bezos stepped down as Amazon’s CEO in 2021.AP Photo/John Loche

Jeff Bezos is the founder and executive chairman of Amazon. He also owns The Washington Post, which he purchased in 2013. Bezos stepped down as Amazon’s CEO in 2021.

Net worth: $183 billion

3-day change: down $24 billion

Year-to-date change: down $25 billion

Mark Zuckerberg
Mark Zuckerberg is the cofounder and CEO of Meta Platforms.Manuel Orbegozo/REUTERS

Mark Zuckerberg is the cofounder and CEO of Meta Platforms, the social media behemoth that owns Facebook, WhatsApp, Instagram, and Threads.

Net worth: $154 billion

3-day change: down $14 billion

Year-to-date change: up $12 billion

Warren Buffet
Warren Buffett is the chairman and CEO of Berkshire Hathaway.Reuters/Mario Anzuoni

Warren Buffett, 94, is the chairman and CEO of Berkshire Hathaway. His conglomerate owns scores of businesses including Geico and See’s Candies, and holds multibillion-dollar stakes in public companies such as Apple and American Express.

Story Continues

The legendary investor’s track record of capitalizing on market crashes, and his company’s scale and diversification, have made Berkshire a haven for investors who’ve pushed its stock up 8% this year.

Net worth: $150 billion

3-day change: down $19 billion

Year-to-date change: down $26 billion

Bernard Arnault walking past a royal guard.
Bernard Arnault is the CEO of LVMH.Chesnot/Getty Images

Bernard Arnault is the chairman and CEO of LVMH, the world’s largest luxury goods conglomerate. LVMH owns more than 75 brands spanning fashion, cosmetics, jewelry, and spirits, including Louis Vuitton, Dior, and Moët & Chandon.

LVMH’s sales have come under pressure from flagging luxury demand in recent quarters.

Net worth: $149 billion

3-day change: down $13 billion

Year-to-date change: down $10 billion

Bill Gates sitting in a chair holding a microphone.
Bill Gates is the billionaire cofounder of Microsoft.Roy Rochlin/Getty Images for Netflix

Bill Gates is the cofounder of Microsoft, though he stepped down from the board in 2020 and now owns only a small percentage of its shares. Most of his fortune is managed through Cascade Investment, a private firm that holds major stakes in companies like the Four Seasons Hotels.

Gates’ primary focus is the Gates Foundation, a philanthropic powerhouse that supports global health, education, and climate initiatives.

Net worth: $147 billion

3-day change: down $21 billion

Year-to-date change: down $45 billion

Larry Ellison.
Larry Ellison is Oracle’s cofounder.Elizabeth Frantz/REUTERS

Larry Ellison is the cofounder, executive chairman, and chief technology officer of Oracle, one of the world’s largest software and cloud computing companies.

Ellison is also a major investor in Tesla and owns a large portion of Lanai, a Hawaiian island.

Along with OpenAI’s Sam Altman and SoftBank’s Masayoshi Son, Ellison is spearheading Project Stargate, a $500 billion AI infrastructure initiative supported by Trump .

Net worth: $134 billion

3-day change: down $9 billion

Year-to-date change: down $35 billion

Larry Page speaks during the Fortune Global Forum at the Legion Of Honor on November 2, 2015 in San Francisco, California.
Alphabet cofounder Larry Page stepped down as CEO in 2019.Kimberly White/Getty Images for Fortune

Larry Page is the cofounder of Google and a board member of its parent company, Alphabet. While he stepped down as Alphabet’s CEO in 2019, he remains a major shareholder and influential figure.

Page is also a major backer of Kitty Hawk and Opener, companies that are developing electric flying vehicles.

Net worth: $126 billion

3-day change: down $8 billion

Year-to-date change: down $20 billion

Steve Ballmer speaks onstage at the Intuit Dome opening night event held at Intuit Dome on August 15, 2024 in Inglewood, California.
Steve Ballmer is the former CEO of Microsoft.Michael Buckner/Variety via Getty Images

Steve Ballmer is the former CEO of Microsoft, a role he held from 2000 to 2014. He remains one of the company’s largest individual shareholders with an estimated 4% stake.

Outside Microsoft, Ballmer also owns the Los Angeles Clippers, an NBA team he purchased in 2014 for $2 billion.

Net worth: $126 billion

3-day change: down $8 billion

Year-to-date change: down $33 billion

Sergey Brin
Google cofounder Sergey Brin.Kelly Sullivan/Getty Images

Sergey Brin is the cofounder of Google and played a key role in developing its early search algorithms. He served as president of Alphabet until stepping down in 2019.

Like Page, Brin retains significant influence at Alphabet through his Class B shares. Most of his net worth is tied to Alphabet stock.

Read the original article on Business Insider



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